Operating Company Healthcare

Avel eCare

Sioux Falls, South Dakota, United States

A Joint Commission accredited telemedicine provider delivering clinician-to-clinician virtual health services from Sioux Falls, South Dakota, serving a network of 650+ health care systems with offerings spanning hospital/virtual inpatient care and pharmacy services (including remote pharmacy/telepharmacy).

Focus Areas
Telemedicine, Telepharmacy / Remote Order Verification, Hospital telemedicine / Virtual inpatient care

Tracked deals

5

5 tracked deals across 2023-2025.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

4 buyout · 1 divestiture

Avel eCare Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for Avel eCare. 2 2023 2 2024 1 2025

Supporting Data

Recent Transactions

  • Buyer
    Avel eCare
    Target
    Amwell Psychiatric Care
    Seller
    Amwell

    Avel eCare has acquired Amwell Psychiatric Care (APC) from Amwell in an all-cash transaction worth approximately $21 million at closing plus an additional earn-out. The sale transfers APC technology, personnel and the affiliated Asana psychiatric clinical network to Avel as Amwell sharpens focus on its core digital care platform and strengthens its balance sheet. The acquisition expands Avel eCare's behavioral health capabilities and broadens its national telemedicine footprint.

  • Buyer
    Avel eCare
    Target
    Hospital Pharmacy Management, Inc.
    Type
    Buyout

    Avel eCare has acquired Hospital Pharmacy Management, Inc. (HPM) to strengthen and expand its remote pharmacy and onsite pharmacy management services. HPM — a Kansas-based provider that supports 51 hospitals across Kansas, Nebraska, Missouri and Texas — will join Avel's pharmacy offering to provide 24/7 medication order review, pharmacist-in-charge coverage, and other clinical pharmacy services to health systems.

  • Buyer
    Avel eCare
    Target
    Horizon Virtual
    Type
    Buyout

    Avel eCare, a Sioux Falls–based telemedicine provider, has acquired Minnesota-based Horizon Virtual, a virtual hospitalist services provider. The acquisition expands Avel's hospitalist capabilities and national telemedicine footprint by adding Horizon Virtual's hospitalist team and expertise to Avel's platform.

  • Buyer
    Avel eCare
    Target
    Fident Health
    Type
    Buyout

    Avel eCare, a clinician-to-clinician telemedicine provider based in Sioux Falls, South Dakota, has acquired Texas-based virtual hospitalist provider Fident Health. The acquisition expands Avel eCare's hospitalist and senior care telemedicine capabilities and clinical network to better serve rural and suburban hospitals and senior care facilities across the United States.

  • Buyer
    Avel eCare
    Target
    NightWatch (NightWatch Remote Pharmacy Services)
    Seller
    Vaught, Inc.
    Type
    Buyout

    Sioux Falls-based telemedicine provider Avel eCare has acquired NightWatch, a West Virginia–based remote pharmacy services firm and subsidiary of Vaught, Inc. The acquisition expands Avel eCare’s pharmacy telemedicine capabilities and geographic reach across the Midwest and mid-Atlantic, enabling expanded after-hours hospital pharmacy coverage for hospitals, clinics and long-term care facilities.

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